Oil Prices, Economic Policy Uncertainty and Stock Market Returns in Oil Importing Countries: the impact of COVID-19 pandemic

This study examines the nexus between oil prices, economic policy uncertainty and stock markets in a panel of selected major importing countries June 2014 October 2020. We analyzed China, India, Germany, Italy Japan because these are among largest importer index developed by Economics Policy Uncertainty Platform. split period into three sub-periods as 2014- February 2016, March 2016-December 2019 January - 2020 employed several econometric models to analyze relation variables different conditions identify how COVID-19 pandemic has influenced effect prices on markets. Empirical results show that changed dynamics relations especially grown stronger for countries.